Check out some available loans that are similar to this one!
Fathullo
J. Fathullo is married and the father of three kids. He is a farmer, and since his marriage he has demonstrated that in spite of his youth he can support his family with hard work and dedication. Because of this, he is always in the fields, growing wheat and vegetables. Fathullo leaves early in the morning to water the fields, then fertilizes and fumigates the crops. This work is satisfying, and it enables him to purchase goods for his home.


Fathullo would like to request a loan of 6000 Somoni, which he can use to buy necessary farm inputs like seeds and fertilizers that are very expensive. He is very optimistic that this amount will improve his yield and he hopes to have a continuous partnership with the lenders. Fathullo always makes sure that he respects the people around him since he believes that respect begets respect.


More about Tajikistan


Tajikistan is perhaps best known for its rich history, which includes being a key post along the Silk Road and being the location of the end of the rule of Alexander the Great. It is also known for its famous great thinkers, philosophers, scientists and poets, such as Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi, and many others. The country, filled with epic mountain passes, is home to communities that still speak the ancient Sogdian language, and boasts a civilization that dates back to the fourth millennium BC. Even today, it is a complex mixture of the Islamic faith, Soviet culture, New West culture and Central Asian traditions.


But Tajikistan is also the poorest of the former Soviet republics. The civil war, which ignited soon after its independence from the U.S.S.R., further damaged the already weak economy. In addition, 93 percent of the country is mountainous and only 7 percent of the land is arable. These conditions have resulted in high levels of unemployment and have forced hundreds of thousands to seek work in other countries, mainly Russia. While the people of Tajikistan are working to improve its agricultural production and manufacturing sector, nearly two-thirds of the population still live in abject poverty.


More about IMON International


Since December 2007, IMON International has worked closely with Kiva and Kiva lenders to ensure that poor and low-income clients represent a viable business proposition. Funds raised through Kiva have already been distributed to thousands of IMON International's clients and will continue to provide thousands more with permanent access to the varied financial services they need. To learn more about IMON International's work, please visit www.imon.tj.

Additional Information

About IMON International

IMON International (IMON) is a micro-deposit organization in Tajikistan that provides entrepreneurs with access to high quality financial products and services, including business loans, agriculture loans, consumer loans and micro-leases. Aiming to alleviate poverty, the organization helps unbanked individuals establish businesses in different sectors, including manufacturing, agriculture and service. Kiva lenders’ funds will help the organization to expand its outreach to even more entrepreneurs, farmers and traders in Tajikistan.

About Tajikistan

  • $1,388
    Average annual income
  • 285
    View loans »
    Tajikistan Loans Fundraising
  • $28,631,950
    Funds lent in using Kiva
  • 3.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Fathullo purchasing seeds and fertilizer.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 13, 2009
Listed
Mar 16, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010